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pj123

03/15/12 4:17 PM

#6049 RE: SmoothTrader61 #6048

Maybe they have to wait for the projects to be completed before they are reimbursed for services and materials. Thus the need for additional capital.
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limitless

03/15/12 4:24 PM

#6050 RE: SmoothTrader61 #6048

I agree that we'll have to review the 8k, hopefully they were smart about things. I am long-term on this though and know that the types of deals they are involved in on the construction side require some up front capital to secure. Once secured, they produce revenues month after month, with the duration varying with each contract. Now that they have some more fire power to go after larger projects, I'm thinking the revenues will jump significantly month to month. At least
That's what I'm hoping for, prove me right hpgs!
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Silversurfer1

03/15/12 5:11 PM

#6052 RE: SmoothTrader61 #6048

Smooth,

I'm with you here. "Yep, were getting cash to grow" but revenue and capital are King. Companies don't stay in business borrowing money and parlaying shares. Since I bought in low, will most likely shed some to cover my initial investment and let the rest ride.

SS1